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TelephoneEmail73 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7

73 Trenton Drive

Paradise, NL, A1L4B7

location

3 Beds | 3 Baths

$615,000

73 Trenton Drive Paradise Newfoundland & Labrador Canada A1L4B7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
73 Trenton Drive Paradise Newfoundland & Labrador Canada A1L4B7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
73 Trenton Drive Paradise Newfoundland & Labrador Canada A1L4B7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
73 Trenton Drive Paradise Newfoundland & Labrador Canada A1L4B7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
73 Trenton Drive Paradise Newfoundland & Labrador Canada A1L4B7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1279597):

Welcome to Emerald Ridge - a sought after subdivision in Paradise! Stunning view overlooking Octagon Pond, in walking distance to schools, parks and many walking trails. Build your new home with the help of Hyde Park Homes interior designer, Violet Lily Designs. This home features large windows and sliding patio door at the back of the home, a main floor office or playroom and a large walk in pantry. Your primary suite overlooks the pond with a 5pc ensuite that includes a soaker tub, custom tile shower, and double vanity. This home also offers a convenient second floor laundry room and good size spare bedrooms. This floor plan offers so much, with room to grow in the future. Includes allowance for mini splits. (id:56688)

Property Details
MLS: 1279597
Listing ID: 27645091
Address: 73 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7
Status: Active
Last updated: a month ago ( Nov 13, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: View
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Other
Lot Size Area: 8157.96
Living Area Total: 2,114 square feet
Price per sq ft: $291
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 5
Rurl
Coordinates: [47.523188, -52.888356]

Rooms

Second level
Laundry room
Bath (# pieces 1-6)
Bedroom
Bedroom
Ensuite
Primary Bedroom
10.6x6 null
4pc
12.8x11 null
12x11.9 null
5pc
17x14 null
Main level
Not known
Living room
Dining room
Kitchen
Bath (# pieces 1-6)
Office
8.8x5.8 null
14.9x13.10 null
14.3x10.2 null
14.3x9.4 null
2pc
8.2x12.6 null

Basic Calculator



First Mortgage: $492,000

Mortgage insurance premium: $0

Total Financing: $492,000

Rough closing fee (1.5%): ~ $9,225

Total downpayment with estimated closing fee: $132,225

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,326$27,912
Gross rental income (income/principal ratio)0.378%4.539%
Mortgage$0$0
Monthly Expenses$769$9,228
Vacancy$117$1,396
Management Fee$187$2,233
Expense / Income Ratio33.06%33.06%
Cash Flow$1,255$15,060
Net Operating Income (NOI)$1,255$15,060
Capitalization Rate0.20%2.45%
Capitalization Rate: 2.45%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $878,572